InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Annual Reunion Speaking Schedule Store Foreclosure Fundamentals Code References 50 State Foreclosure Basics Foreclosure Glossary Foreclosure Statistics 70+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map About Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Administrative Fine & Special Assessment Priority - Calif. Posted by Mark H. on February 23, 2010 at 11:03 PM I purchased a property with what I assumed to be Jr. City Liens (here in California). These lien notices were titled "Notice Special Asssessment" The notice was for "administrative fines for violatons on the use or condition of the property". The notice says "this is a special assessment lien, and shall be collected in the same manner as municipal taxes". Even though these violations (nusance) were after the SR. Deed of Trust, it sounds like they now have 'superpriority' because the city calls them a "special assessment". True? Follow Ups: Re: Administrative Fine etc Clairfied - Calif. Mark H. 11:30 PM, 02/23/10 (3) Re: Administrative Fine etc Clairfied - Calif. Kristine-CA 11:09 AM, 02/24/10 (0) The cost of educatiion... Rick, the Probate Guy 10:22 AM, 02/24/10 (0) Re: Administrative Fine etc Clairfied - Calif. Bill H 8:16 AM, 02/24/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I purchased a property with what I assumed to be Jr. City Liens (here in California). : These lien notices were titled "Notice Special Asssessment" : The notice was for "administrative fines for violatons on the use or condition of the property". The notice says "this is a special assessment lien, and shall be collected in the same manner as municipal taxes". : Even though these violations (nusance) were after the SR. Deed of Trust, it sounds like they now have 'superpriority' because the city calls them a "special assessment". True? [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-date("Y"), InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455